My situation is this:
I applied and was accepted to Master's programs at School A and School B. Both have excellent reputations in the field and good job prospects coming out. School A offered me a small amount of money (5k over the entire degree) and I would still be on the hook for ~60k (which would be made up of loans.) School A is in a city with very low living costs, is closer to home, however also has no opportunities for internships or other outside experience. School B is in a big city with lots of prospects, but is expensive. Initially they offered me a modest amount of money, such that when living expenses were figured in, School B was a good bit more expensive (~80k on me.)
So I chose School A, and am preparing to attend in the Fall, all set, right?
Well, not quite. School B has just last week sent me an email saying that "if you're still deciding" that they were disappointed I declined their offer, and now could offer me a full tuition scholarship. Now this is really attractive, especially compared to the small offer at School A, and given the schools are roughly equivalent in my mind (finances being the deciding factor pretty much.) However, it's May 8th and I sent all my accept/declines out April 15th, which is pretty standard. How School B could think I'm "still deciding" at this point is beyond me, but that's what it is.
So am I crazy even to entertain the notion of withdrawing from School A and accepting this new offer at School B? Everything I read says that's a definite no-no, can screw your professional career royally, makes a lot of people very angry, potential legal ramifications, etc. There's also the strangeness of how late School B's offer is. However, we're talking about an awful lot of money here, and I'm not exactly Richie Rich.
I don't even know where to start with this one, if I should contact A or B, what order, anywhere else I can turn, etc. so if anyone has any thoughts, please do share.